Ethics in Business

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Pressure of meeting a deadline

According to the American Management Association (AMA) and Human Resource Institute (HRI), what is the number one cause of unethical business conduct?

Ethical behavior

A lawyer believes his client is guilty, but remains professional and represents his client. This is an example of which of the following?

Ethics

A set of standards of conduct which guide decisions and actions based on duties derived from core values.

Remaining calm and patient in a stressful case

According to Judge Parker, which of the following is an ethical behavior of lawyers

Mannerly behavior

Anna owns a neighborhood bakery. She consults her accountant to make sure she pays proper taxes, uses good quality ingredients for her products, and provides her employees a safe working environment. Which of the following CANNOT be used to describe Anna's actions?

Ethical dilemma

Sometimes people in business will encounter a complex situation in which they have difficulty choosing between a moral and an immoral act. Which of the following terms can be used to describe such a situation?

Legal behavior

Which of the following terms is defined as "conduct based on or authorized by law which is established by society to maintain order and protect people and property from harm?"

Business social responsibility

Which of the following terms is defined as "duties and obligations of businesses which contribute to the well-being of society"?

Stakeholder

Steve lives in a neighborhood close to a waste water company. The company's water solution will directly affect the water quality in Steve's home. What is Steve's relationship to the waste water company?

Ethical behavior

Which of the following terms is defined as action guided by a set of principles of morality?

Embezzlement

Which of the following terms is defined as an entrusted person who converts other's assets or property for his or her own use?

False financial statement

Which of the following terms is defined as an organization's financial statement containing untrue data which is used to mislead?

Moral behavior

Which of the following terms is defined as conduct in accordance with what a person determines is right versus wrong?

Chick-fil-Avs.Enron

Which of the following two businesses did Judge Parker mention to explain the positive or destructive role of ethics in business?

The attractiveness of the news stories

Which of the following was not mentioned by Bryan Mudd as a way in which news stories can affect people's lives?

Conflicts of interest and suppressing financial information

What are the two examples John Elliott used to explain ethical dilemmas in the banking business?

Learn from the result

What is the last step of the ethical decision-making process?

A member in a family

Which of the following analogies did John Elliot use to describe the role of a business in a community?

Sustainable business

Which of the following best describes a business which takes effort to the environment and promotes using renewable resources?

Public watchdog

Which of the following did Bryan Mudd use as an analogy to describe news reporters?

Juvenile cases

Which of the following did Bryan Mudd use as an example of an ethical dilemma in the news industry?

Cut down unnecessary electronic use

Which of the following did John Elliot NOT mention as one of the actions to promote sustainability?

Remain open-minded

Which of the following did Judge Parker NOT mention as one of the principles of ethics?

Health vs. taste

Which of the following did Robert Lin use as an example of an ethical dilemma in the restaurant business?

Miscommunication among a diverse workforce

Which of the following is NOT a cause of unethical behavior?

Making a profit is the only concern of a business

Which of the following is NOT an example of a business's efforts of contributing to society?

Exclude personal perspectives

Which of the following is appropriate when evaluating the identified alternatives to an ethical decision?

Code of ethics

Which of the following is defined as a set of written standards issued by an organization to assist its employees in conducting their actions in conformity with the organization's ethical values?

Identify the ethical problem

Which of the following is the first step of the ethical decision-making process?

What can we learn from this process?

Which of the following questions should NOT be asked during the step of identifying an ethical problem?

Make a choice based on company's profits

Which of the following should a person NOT do during an ethical decision- making process?

Make a choice based on the company's profits

Which of the following should a person NOT do when facing an ethical dilemma?

Only list obvious solutions

Which of the following should a person NOT do when listing possible solutions for an ethical problem?

Spending a long time to prepare a news story

Which of the following situations did Bryan Mudd NOT mention as an example of unethical behavior in a newsroom?

Stakeholder

Which of the following terms is defined as "all the parties which interact with the business"?


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